Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Ethereum’s $660 Million Whale Push Meets a Wall of Doubt — What’s Next For The Price

06/11/2025

Tokenization platform tZero eyes 2026 IPO amid surge in crypto listing

06/11/2025

55 Years of Financial Surveillance

06/11/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Ethereum’s $660 Million Whale Push Meets a Wall of Doubt — What’s Next For The Price

    06/11/2025

    Top 3 reasons Ethereum price is rising ahead of US Inflation report

    06/11/2025

    The 15 Altcoins Crypto Developers Worked on the Most in the Last Week Have Been Revealed

    06/11/2025

    Can ETH reclaim $4,500 as network activity rebounds?

    06/11/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    Market cap tanks 46% in just 30 days

    05/11/2025

    Mint, Snoop Dogg and BAYC Launch First Animated Avatars on Telegram

    02/11/2025

    NFT sales drop 28% to $98m, Bored Ape Yacht Club sales surge 100%

    01/11/2025

    Genesis #998 Sells for $8M as Courtyard Dominates 24H Trades

    01/11/2025

    Ethereum’s $660 Million Whale Push Meets a Wall of Doubt — What’s Next For The Price

    06/11/2025

    Tokenization platform tZero eyes 2026 IPO amid surge in crypto listing

    06/11/2025

    55 Years of Financial Surveillance

    06/11/2025

    Nansen Brings Full On-Chain Intelligence Stack to Plasma as Stablecoin Layer-1 Surges

    06/11/2025
  • Blockchain

    Nansen Brings Full On-Chain Intelligence Stack to Plasma as Stablecoin Layer-1 Surges

    06/11/2025

    Ondo Taps Chainlink to Power Data Feeds for 100+ Tokenized Equities

    06/11/2025

    The Graph Builders, Edge & Node, Unveil “ampersend” Dashboard to Manage AI Agent Payments

    06/11/2025

    BTC.b Technical Transition to Lombard’s Architecture

    06/11/2025

    Shekel partners with Symphonyio to launch V2 no-code trading agents

    06/11/2025
  • DeFi

    What’s happening to DeFi? $231M was just drained but $19M clawed back

    06/11/2025

    XRP Users Warned to Withdraw After $93 Million DeFi Loss

    06/11/2025

    Injective Unveils No-Code Platform for Web3 Builders

    06/11/2025

    MetaCarbon Joins Forces with Moon.Fun to Advance DeCFi’s Cross-Chain Integration

    06/11/2025

    Kima Network Taps Mocasa for DeFi-Based Buy Now, Pay Later in Southeast Asia

    06/11/2025
  • Metaverse

    Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

    04/11/2025

    Bored Ape creator revives brand with Otherside metaverse debut

    31/10/2025

    Metaverse will revolutionize learning in the same way as Sesame Street

    10/10/2025

    Dogelon Mars Recent Metaverse Updates

    26/09/2025

    ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse

    17/09/2025
  • Regulation

    Tokenization platform tZero eyes 2026 IPO amid surge in crypto listing

    06/11/2025

    Compass Point Still Bullish on Robinhood, Citing Prediction Market Growth

    06/11/2025

    Strategy Makes History With S&P’s Credit Rating of a Bitcoin Treasury Company

    06/11/2025

    Dow opens 250 points up as US-China trade talks buoy stocks

    06/11/2025

    What to expect from Fed interest rate decision

    06/11/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Jupiter launches beta version of new prediction market

    06/11/2025

    Binance enables global USD deposits and withdrawals via BPay Global

    06/11/2025

    Binance enables global USD deposits and withdrawals via BPay Global

    06/11/2025

    Prediction-market activity explodes in Q3 with volumes exceeding $3 billion

    06/11/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Blazpay, PVPFUN Alliance Bridges DeFi and Gaming Through AI

    06/11/2025

    Florida Crypto Confab Unshaken by Bitcoin Volatility

    06/11/2025

    YouTube Says New Policy Doesn’t Ban All Crypto Content, Despite Uproar From Creators

    05/11/2025

    YouTube launches what some consider a direct attack on blockchain gaming videos

    04/11/2025

    Hut 8’s Tuesday Tumble Misguided and a Buying Opportunity: Benchmark

    06/11/2025

    Bitcoin’s $7K Drop Sends Miner Revenues to April Lows

    05/11/2025

    Bitcoin Mining Profitability Slumps as Hashprice Falls to Multi-Month Low

    05/11/2025

    Microsoft signs $9.7B deal with BTC miner IREN

    05/11/2025

    55 Years of Financial Surveillance

    06/11/2025

    Russian central bank is pushing for crypto exchanges to be legalized

    06/11/2025

    Australia’s Financial Regulator Flags Broader Oversight of Crypto Under Updated Guidance

    06/11/2025

    Norwegian tax authority sees 30% jump in crypto reporting

    06/11/2025

    Ethereum’s $660 Million Whale Push Meets a Wall of Doubt — What’s Next For The Price

    06/11/2025

    Tokenization platform tZero eyes 2026 IPO amid surge in crypto listing

    06/11/2025

    55 Years of Financial Surveillance

    06/11/2025

    Nansen Brings Full On-Chain Intelligence Stack to Plasma as Stablecoin Layer-1 Surges

    06/11/2025
  • MarketCap
NBTC News
Home»Legal»Crypto KOLs step in to defend Tornado Cash and Roman Storm – Here’s his case and persecution
Legal

Crypto KOLs step in to defend Tornado Cash and Roman Storm – Here’s his case and persecution

NBTCBy NBTC29/01/2025No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Crypto key opinion leaders (KOLs) are rallying behind Tornado Cash co-founder Roman Storm, who is awaiting trial on April 14. Storm, a well-known developer in the crypto community, is facing legal charges for his involvement with the decentralized crypto tumbler service Tornado Cash.

In a January 24 post on X, BNB chain ecosystem development director Gala Wen wrote a heartfelt message in support of Storm. He called him one of her “oldest friends in crypto.”

She went on to express her disappointment over how people in the crypto industry reacted when they learned of his connection to Tornado Cash.

Wen pointed out that many project managers were eager to discuss Storm’s achievements until his involvement in the crypto mixer was mentioned.

“Through him, I see the spirit of a great developer, a great founder, a great father, a great American, and a great man,” Wen noted. “I don’t believe a good developer should face such consequences because he deployed a smart contract.”

Alongside Wen, crypto KOLs are now calling for the Tornado Cash co-founder’s case to be dismissed. This comes after dark online marketplace Silk Road founder Ross William Ulbricht received a full pardon from President Donald Trump last Tuesday, as reported by Reuters.

Roman Storm deserves to be free, industry leaders voice

On January 22, Roman sent out a statement on X (formerly Twitter), accusing the US Justice Department of wrongly prosecuting him for writing open-source code that allows for private, non-custodial crypto trade

“The charges against me threaten to criminalize software development itself. If successful, the implications could extend far beyond the crypto industry, impacting every software developer,” he remarked.

Storm also mentioned that his legal counsel, Keri Axel, believes the lawsuit is a threat to any software developer. This could deter them from creating new software across every industry.

Today, I’m taking a stand against the Biden administration’s unjust crackdown on crypto development. I’ve filed a lawsuit against the DOJ to challenge their flawed and unjust interpretation of the law.

My work on Pharos—a non-custodial protocol for public goods…

— Michael Lewellen (@LewellenMichael) January 16, 2025

The Tornado Cash code creator’s plea has drawn interest from several industry leaders, including Ethereum co-founder and programmer Vitalik Buterin.

“No man [should be] left behind,” Buterin posted on X. Tornado Cash developer Alex Pertsev is also facing prosecution.

In August 2022, The US Department of Justice (DOJ) charged Tornado Cash with facilitating illegal activities such as money laundering and sanctions evasion.

Storm argues that Tornado Cash is simply a tool and cannot be held accountable for how individuals choose to use the mixer.

Legal victory for Tornado Cash

On November 26, 2024, the Fifth Circuit Court of Appeals ordered the U.S. Treasury’s Office of Foreign Assets Control (OFAC) to remove Tornado Cash-related addresses from its Specially Designated Nationals and Blocked Persons (SDN) list.

The court’s decision pointed out that sanctioning Tornado Cash’s smart contracts was ineffective in preventing malicious actors from using the platform.

The Fifth Circuit Court also asked that the legislation should be updated to better regulate crypto-mixers.

However, they made a case that the current legal framework should not restrict dApps like Tornado Cash from functioning.

Following that decision, Storm filed a motion on December 20, 2024. He demanded that the criminal charges against him be thrown out.

To that end, the DeFi Education Fund, Coin Center, and the Blockchain Association have filed amicus briefs in support of Storm’s defense.

In the meantime, I’m working tirelessly on my case with my legal team. Lawyers aren’t cheap—and I’m no oligarch.https://t.co/Bia0b9hbcc pic.twitter.com/JD28SRLruv

— Roman Storm 🇺🇸 🌪️ (@rstormsf) January 24, 2025

These briefs argue that prosecuting developers for creating open-source software is bad trade, and the aftermath could harm innovation in the crypto industry.

In his post, Storm quoted Vivek Ramaswamy, who recently stepped down from his co-lead role at the Department of Government Efficiency (DOGE), saying developers of code should be “off bounds.”

“What you actually need to do is go after individual bad actors who are breaking the laws that already exist,” Ramaswamy stated.

Cryptopolitan Academy: How to Write a Web3 Resume That Lands Interviews – FREE Cheat Sheet


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

55 Years of Financial Surveillance

06/11/2025

Russian central bank is pushing for crypto exchanges to be legalized

06/11/2025

Australia’s Financial Regulator Flags Broader Oversight of Crypto Under Updated Guidance

06/11/2025

Norwegian tax authority sees 30% jump in crypto reporting

06/11/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Ethereum’s $660 Million Whale Push Meets a Wall of Doubt — What’s Next For The Price

06/11/2025

Tokenization platform tZero eyes 2026 IPO amid surge in crypto listing

06/11/2025

55 Years of Financial Surveillance

06/11/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.